Vigor Plast IPO...
29 Aug, 2025
Austere Systems IPO
Austere Systems IPO ready to open on September 3, 2025 and close on September 8, 2025 with price band fixed at ₹52.00 to ₹55.00 per equity share with a face value of ₹10 per share. Austere Systems IPO looks forward to raising an amount of ₹15.57 crores through a complete fresh issue of 0.28 crore shares with no offer for sale. The lot size for an application is 2,000. As per the tentative schedule of the issue, the basis of allotment and refunds will be on Sep 9, 2025, credit to the account on Sep 10, 2025 and listing on BSE SME on Sep 11,2025.
Company Background
Austere Systems Limited (ASL) is a software development company dedicated to IT services, providing solutions for start-ups and enterprises. Registered in the year 2013, the company specializes in software development, SaaS, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data/document management.
Operations & Product Range
Austere Systems IPO provides IT services that includes web and mobile app development, AI solutions, data analytics, IT staff augmentation, cloud deployment, and custom software development such as ERP systems. Their operations are characterized by a hybrid delivery model, adherence to ISO-aligned quality and security standards, and a focus on digital transformation for various sectors, with a strong presence in India and a global client base. As per the recent data, the company has 123 employees, including senior executives, engineers, developers and administrative staff.
Facility & Production
Austere Systems Limited operates a primary Development Center in Pune, India, along with an office in Bengaluru for their SAP Practice and additionally has an office in Gurugram. Their facilities support production and delivery of enterprise-grade IT services, focusing on software development, data analytics, and custom ERP solutions, using cloud infrastructure and ISO-aligned standards.
Brands & Market Presence
Austere Systems IPO functions majorly as an IT services and consulting firm, specializing in customized IT solutions and software development for startups and enterprises globally. Their market presence has a broad global client base and a focus on underserved rural markets in India through partnerships.
Revenue Channels
Austere Systems IPO makes revenue from IT services, including software development, digital transformation solutions, data & document management and IT staffing & consulting services. A huge portion of its revenue is derived from government contracts and large enterprise clients in the private sector, both domestically and globally, who support the company's expertise in areas like SAP deployment, cloud solutions, and process automation.
Management & Shareholding
Promoters & shareholding
The promoters of Austere Systems IPO are Mr. Rahul Gajanan Teni, Mr. Piyush Gupta and Mr. Shikhir Gupta who holds control over the company and its operations. All the promoters together hold 91.67% of the pre-IPO capital.
Board Members
The Board Members for Austere Systems IPO, include Directors Rahul Gajanan Teni, Piyush Gupta, Esha Gupta, Sharad Gaur, Adbhut Prakash Aggarwal, and Shriya Mangla while Shikhir Gupta also serves as a Managing Director.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Austere Systems IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Austere Systems IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 3, 2025 to September 8, 2025 |
| IPO Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹52 to ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,30,000 shares (aggregating up to ₹15.57 Cr) |
| Reserved for Market Maker | 1,42,000 shares (aggregating up to ₹0.7810 Cr) Wiinance Financial Services Pvt.Ltd. SKI Capital Services Ltd. |
| Net Offered to Public | 26,88,000 shares (aggregating up to ₹14.78 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,48,134 shares |
| Share Holding Post Issue | 1,04,78,134 shares |
Austere Systems IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Sep 3, 2025 |
| IPO Close Date | Mon, Sep 8, 2025 |
| Tentative Allotment | Tue, Sep 9, 2025 |
| Initiation of Refunds | Tue, Sep 9, 2025 |
| Credit of Shares to Demat | Wed, Sep 10, 2025 |
| Tentative Listing Date | Thu, Sep 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 8, 2025 |
Austere Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,20,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,20,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,30,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 20,000 | ₹11,00,000 |
Austere Systems IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 91.67% |
| Promoter Holding Post Issue | 13,36,000 (47.21%) |
Competitive Strength:
- ● The company works with a wide range of clients both locally and globally across many industries, which helps reduce the risk of relying a lot on few customers.
- ● It helps businesses stay ahead by quickly adopting and using the latest technology to stay competitive in their markets.
- ● The company is backed by a highly experienced promoter and a strong, capable management team that drives its success.
- ● It offers a complete range of services along with its own in-house products, giving clients everything they need under one roof.
Austere Systems IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 31, 2025 | 18.63 | 18.86 | 4.01 | 16.27 | 0.48 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 12 | 19 | 4 | 9 | 0.44 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 8.6 | 15.4 | 1.77 | 4.85 | 0.79 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.76% |
| ROCE | 33.12% |
| Debt/Equity | 0.03 |
| RoNW | 24.66% |
| PAT Margin | 21.55% |
| EBITDA Margin | 32.06% |
| Price to Book Value | 2.58 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Objectives of Austere Systems IPO
- The company plans to use ₹11.60 crores to support its working capital needs, ensuring smooth day-to-day operations and maintaining business efficiency as it grows.
- A portion of the funds will also be allocated toward general corporate purposes, which may include strategic initiatives, administrative expenses, and other business development activities to strengthen the company’s overall position.
Conclusion
The Austere Systems IPO presents an opportunity to invest in a growing IT services company with a strong domestic and global presence, a diversified client base, and a focus on innovation and digital transformation. With its experienced leadership, comprehensive service offerings, and significant government and enterprise contracts, the company is well-positioned for sustained growth. The IPO proceeds will strengthen its working capital and support strategic initiatives, setting the stage for future expansion and enhanced operational capabilities.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
1. What are the IPO dates and the price band for Austere Systems Ltd.?
The Austere Systems IPO will open for subscription on September 3, 2025, and will close on September 8, 2025. The price band for the IPO is fixed at ₹52 to ₹55 per equity share with a face value of ₹10 per share.
-
2. What is the lot size and minimum investment required for retail investors?
The lot size for the Austere Systems IPO is 2,000 shares. Retail investors must apply for a minimum of 2 lots (4,000 shares), which translates to an investment of ₹2,20,000 at the upper price band of ₹55 per share.
-
3. How is the Austere Systems IPO structured—fresh issue or offer for sale (OFS)?
The IPO is a 100% fresh issue of 28.3 lakh shares, aggregating to ₹15.57 crores. There is no offer for sale (OFS) component, meaning all proceeds will go to the company.
-
4. What will the company use the IPO proceeds for?
The primary objectives of the IPO are to utilize ₹11.60 crores towards meeting the company’s working capital requirements, which will help ensure the smooth functioning of daily operations. The remaining proceeds will be directed towards general corporate purposes, including business development activities, strategic initiatives, and other operational enhancements aimed at strengthening the company’s overall market position.
.jpg)
